09/28/2017
Saudi insurers soar after ban lifted
The announcement is one of the most dramatic moves so far in the government’s bid to open up society amid a program to modernize its economy.
Alternative Investments
09/28/2017
Saudi Capital Markets Authority and Tadawul stock exchange
FTSE is expected to announce its country classification annual review on Friday after markets close in the U.S.
09/28/2017
Mideast funds more cautious toward equities, positive on Qatar
The Qatari market experienced a remarkable 11 consecutive days in the red during September.
09/28/2017
Remittances by foreign workers in UAE reaches Dh78 billion
The UAE Central Bank announced that the same figure reached Dh40.8 billion during the second quarter of 2017, an approximate increase of 10 per cent, compared to Dh37.1 billion in the first quarter of the same year.
09/27/2017
Dubai tycoon Alabbar, MEVP launch $250m start-up fund
New fund will invest in early-stage and growth-stage tech companies in the MENA and Turkey region
09/27/2017
From Chinese Giants to New Frontiers: Emerging Dollar Bond Sales Boom
It's a bit of a Goldilocks scenario for EM issuance.
09/27/2017
Indonesia to open new investment doors to Qatar and Middle East
Al-Sayed said Qatar can participate in potential investment opportunities in Indonesia in the fields of geothermal and aviation such as the West Java International Airport and its supporting facilities like power plant, gas backbone pipeline, gas pipeline
09/26/2017
Philippines woos Qatari firms to invest in agro-industrial zones
PEZA has been very aggressive in marketing Philippine Economic Zones (PEZs) offering the best incentives to foreign investors such as 100 percent ownership
09/26/2017
Carillion Middle East suitor plots takeover attempt and prized London listing
Carillion’s auditors KPMG are wading through its books ahead of a delayed half-year profits announcement on Friday.
09/25/2017
ADGM Partners with ADIB to Enhance Abu Dhabi's Fintech Ecosystem
Over 67% of transactions were carried out on ADIB’s digital platforms in H1 2017
09/25/2017
SaudNew round of GCC bank mergers in the offing
New in the region, small size of Islamic banks is a factor that hurts them more forcing them to look for different ways of survival.
09/24/2017
Mideast’s wealthy go slow on overseas property buying binge
After 2015’s record-setting $30b spend, it comes down to $16b and could remain at these levels
09/21/2017
Dubai developer repays $300m loan ahead of schedule
FIVE Holdings says funds were used to build Palm Jumeirah and Jumeirah Village projects
09/21/2017
Dubai-based investment company now the reported buyer of Sahara Group's NYC hotels
The companies must clear their first hurdle to finalize the deal, which could be securing approval from the minority shareholders of both hotels.
09/20/2017
Ultra-luxury mega project nearing completion
Resort-style residential development to welcome first residents at beginning of 2018 •Number of villas to be finished ahead of schedule
09/18/2017
Jumeirah Golf Estates Named a Top Real Estate Company
Forbes Middle East celebrates the leading innovators in the region’s real estate industry.
09/18/2017
The Frontier Emerging is the Next Frontier: EFG Hermes USA Will Provide Global Clients with Access to Frontier Emerging Markets
EFG Hermes to provide clients with access to the "Frontier Emerging", a group of more than twenty markets of over two billion consumers and a combined GDP of USD 11.3 trillion.
09/18/2017
MENA structural reforms woo foreign investments
We expect fiscal austerity to continue over the coming few years, but the pace should ease.
09/18/2017
UAE’s Emaar Properties gets $1.5 billion loan from First Abu Dhabi Bank: sources
A spokeswoman for Emaar declined to comment, while First Abu Dhabi Bank did not respond to a request for comment.
09/18/2017
Diplomatic damage to Qatar economy mounts as insurer closes UAE branch
Qatar Insurance Co said on Monday its Abu Dhabi branch, open since 2002, would shut because it could not renew its licence.